SPANGEREID ELEKTRO AS

4521 LINDESNES

Finances

Share Ownership

Return on Equity

9,4 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	585 000	841 000	459 000	406 000
Net Income	28 000	145 000	−99 000	5 000
Total Assets	837 000	928 000	557 000	669 000
Total Equity	298 000	270 000	125 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	585 000	841 000	459 000	406 000
Expenditure	544 000	653 000	582 000	394 000
Operating Profit	42 000	187 000	−123 000	12 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	2 000	4 000	6 000
Financial Balance	−6 000	−1 000	−4 000	−6 000
Earnings Before Tax	36 000	185 000	−127 000	6 000
Tax	8 000	41 000	−28 000	1 000
Net Income	28 000	145 000	−99 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	12 000	15 000	55 000
Total Current Assets	827 000	916 000	542 000	614 000
Total Assets	837 000	928 000	557 000	669 000
Total Retained Equity	268 000	240 000	95 000	194 000
Total Equity	298 000	270 000	125 000	224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	539 000	658 000	432 000	445 000
Total Equity and Debt	837 000	928 000	557 000	669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	840 000	459 000	406 000
Other Income	0	0	0	0
Revenue	585 000	841 000	459 000	406 000
Cost of Goods Sold	390 000	450 000	360 000	180 000
Salary Costs	0	4 000	7 000	8 000
Depreciation	0	0	47 000	47 000
Impairment	0	0	0	0
Expenditure	544 000	653 000	582 000	394 000
Operating Profit	42 000	187 000	−123 000	12 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	2 000	4 000	6 000
Financial Balance	−6 000	−1 000	−4 000	−6 000
Dividends	0	0	0	0
Net Income	28 000	145 000	−99 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	15 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	47 000
Total Tangible Assets	0	0	0	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	12 000	15 000	55 000
Stock	102 000	174 000	149 000	196 000
Total Investments	0	0	0	0
Cash, Bank	651 000	334 000	341 000	341 000
Total Current Assets	827 000	916 000	542 000	614 000
Total Assets	837 000	928 000	557 000	669 000
Total Equity	298 000	270 000	125 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	83 000	9 000	26 000
Unpaid Taxes	−3 000	68 000	6 000	3 000
Dividends	0	0	0	0
Other Current Debt	480 000	470 000	417 000	409 000
Total Current Debt	539 000	658 000	432 000	445 000
Total Equity and Debt	837 000	928 000	557 000	669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,4 %	53,7 %	−79,2 %	2,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,18 %	22,24 %	−26,8 %	2,96 %
Current Ratio	1,53	1,39	1,25	1,38
Quick Ratio	1,89	1,89	1,92	2,47
Equity Ratio	0,36	0,29	0,22	0,33
Gross Profit Margin	33,33 %	46,49 %	21,57 %	55,67 %